ERIC Number: EJ879520
Record Type: Journal
Publication Date: 2010
Pages: 2
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-1067-1803
EISSN: N/A
Estate Planning: First, You Have to Ask
Johnston, Robin; Penson, Al
Community College Journal, v80 n4 p12-13 Feb-Mar 2010
There's an urban legend which holds that community college graduates who go on to earn degrees at other institutions develop a stronger loyalty to the college that granted their highest degree. Perpetuating this legend is a limiting belief that keeps fundraising professionals from taking necessary steps to fully develop the potential that exists in alumni donors. One of these steps is to create a functional planned-giving program. This article presents various planned-giving options that community colleges may choose for a successful planned-giving program. These include (1) life insurance; (2) IRA/Retirement accounts; (3) personal property/specific items; (4) real estate; (5) contingent bequest; (6) residuary bequest; (7) charitable remainder trust; and (8) charitable lead trust.
Descriptors: Financial Services, Fund Raising, Community Colleges, Real Estate, Insurance, College Graduates, Alumni, Retirement, Higher Education, Donors, Baby Boomers, Trusts (Financial), Two Year Colleges
American Association of Community Colleges. One Dupont Circle NW Suite 410, Washington, DC 20036. Tel: 202-728-0200; Fax: 202-833-2467; Web site: http://www.aacc.nche.edu/bookstore
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A